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$205,000

Beds
5
Baths
2.0
sq ft
2,464

9021 Lomax St, Houston, TX 77093

9021 Lomax St

Houston, TX 77093

  • 90 days on market
    • Price drop $45,000↓
Charming 1950s Fixer-Upper with Endless Potential on Expansive Lot!Step back in time with this delightful 1950s gem, a 5-bedroom, 2-bathroom home brimming with vintage charm. Nestled on a spacious 13,000 sq ft corner lot, this property is a blank canvas waiting for your creative touch to bring it back to life. With its generous lot size and classic design, this home is a prime opportunity for investors or visionary homeowners looking to restore and remodel a piece of history.The expansive backyard offers plenty of space for potential additions, landscaping, or even a pool. The original details in the home, such as hardwood floors, add to its unique charm and offer a solid foundation for a stunning transformation.this property is perfect for those who have the vision to create a modern masterpiece. Don’t miss your chance to invest in this rare opportunity – a true diamond in the rough!

Details

Property type

Single Family Residence

Est. home value

$237,444

Lot size

0.31 acres

Price per sq ft

$84

Year built

1954

Annual property taxes

$4,055

Price History

10/27/2024
Houston

Houston #23932061

Price change
$205,000
-18%
10/04/2024
Houston

Houston #23932061

Listed
$250,000
10/03/2024
Houston

Houston #23932061

Removed

Schools & Community

Neighborhood: 

Eastex - Jensen Area

Elementary school: 

GARCIA ELEMENTARY SCHOOL (HOUSTON)

Middle school: 

PATRICK HENRY MIDDLE SCHOOL

High school: 

SAM HOUSTON MATH SCIENCE AND TECHNOLOGY CENTER

School district: 

Houston

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

-$52,242
Asking price
$205,000
Closing costs (~8% of asking)
-$16,400
Est. remaining loan balance
-$240,842
Cash to seller
-$52,242

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

April 2023

Original loan amount

$244,900

Est. remaining balance

$240,842

Interest rate

6.65%

Loan type

VA, 30 year

Seller

Matthew Carlson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/08/2024 at 5:15 AM

Listing updated: 10/28/2024 at 1:53 PM

Listed by: Candice DeLeon, Keller Williams Realty Metropolitan Phone #: (713) 621-8001

MLS: Houston #23932061

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